Off the wire
Sri Lanka says talks with India on fishing issue to continue  • Sydney siege gunman wanted to be a martyr: wife  • Nikkei gains for 12th straight day on strong domestic outlook  • Roundup: China, S.Korea formally sign FTA as new growth engine  • 2nd LD-Writethru-China Focus: Continued improvement in manufacturing activity suggests more policy easing  • Interview: Formal signing of China-S.Korea FTA to enhance economic cooperation  • Heavy rainfalls in China kill 16  • Roundup: S. Korea to belatedly ban MERS suspects from leaving country  • Chinese shares soar Monday  • 1st LD: China, S. Korea sign FTA as new growth engine  
You are here:   Home

China Hushen 300 index futures close higher Monday

Xinhua, June 1, 2015 Adjust font size:

China's key Hushen 300 index futures ended higher on Monday, with the contract for June, the most actively traded, up 7.4 percent to close at 5,249 points.

The July contract gained 7.36 percent to end at 5,243.8 points. The September contract expanded 7.66 percent to finish at 5,276.2 points. The December contract soared 7.62 percent to 5,294.8 points.

The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a preset value on an agreed date, are designed to allow investors to bet on and profit from either gains or declines in the market.

The index futures was launched at the China Financial Futures Exchange (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points. Endi